Performance Appraisal in Auto Ancillary Companies

Topics: 360-degree feedback, Test, Aptitude Pages: 4 (846 words) Published: August 22, 2013
Auto ancillary companies:-
Bosch- The Company has a whistle blower policy that affords to all employers to draw their supervisor’s attention to circumstances that appear to indicate a violation of code of business conduct. Such a reporting may also be made anonymously over dedicated hotline or by e-mail to the compliance officer for this purpose. The Company’s appraisal program system for managerial staff called as ‘Bosch Performance Review and Employee Development (PRED)’ program has attained higher maturity level through continuous communication and education through forums like Employee Development workshops etc. Introduction of Low Performance Monitoring policy was a key step towards employee development and ensuring retention of the competitive edge of the Company.

Motherson Sumi – open appraisal system, 180 degree performance appraisal system( seniors & self ) , increased goal based appraisal
Assessment Of Performance Against Goal
The performance for the year is assessed on the basis of RESULT/ DELIVERABLES achieved by end of the
year against the goals.
Assessment Of Knowledge And Skills
Assessment of knowledge and skills is based on:
• Professional and technical knowledge.
• Professional and technical skills.
• Communication skills.
• Creativity and innovation
• Leadership skills
Assessment Of Attributes And Behavior
Assessment of attributes and behavior is based on:
• Personal conduct
• Honesty and integrity
• Attitude to work
• Dependability
• Loyalty
Weightage allocated to each objective. The total of the entire objective comes to 100%. The weightage allocated
Individual Performance
Against agreed goals / objective which carries a weightage of 40%.
Individual’s Knowledge And Skills
The application of skills and knowledge carries a weightage of 35%.
The demonstration of behavior / attributes carries a weightage of 25%.

Amara Raja Batt- The Company...
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